Presentation
Entrepreneurship means starting your own business or organization. An entrepreneur is the person starting that business. Before the entrepreneur can start a business, he or she needs to understand the market opportunities. Market opportunities refer to a situation in which you can meet the need of people.
For example: If everyone is selling shoes in your neighbourhood, but no one knows how to repair shoes, then there is a good market opportunity to start a business in repairing shoes.
You need to collect information and ask good questions to understand market opportunities. Questions you can ask;
• What do people in your neighborhood want?
• When do they need it?
• Why do they want it?
• What is already out there?
• What are other people offering?
Before starting a business, you need a business plan which defines your goals and how you plan to reach these goals.
A business canvas helps you to make a good business plan and think about every single step you need to start your own business; What is your goal? How will you reach it and what do you need? Who are your clients?
Not everyone can or wants to start his or her own business. Instead of looking for the market opportunities, you can also think about what the market needs from you! Thinking about what you are good at, will help you in looking for a job!
Transferable skills are skills which you can take from one situation to another. You can use them in social life, at school or at a job! Even if you don’t have that many experience, you already have some of these skills to convince your future employer you are right for the job:
•Communicating effectively
•Showing initiative •Creativity
•Integrity •Good work attitude
•Flexibility •Critical thinking
•Perseverance •Team player
•Leadership skills •Motivation
•Organization •Time management
•Listening •Personal development
•Computer skills
